I have lots of questions about the planning ...
Are we planning to use the Covenants book for this process? If so, how many build points are we starting with?
How much planning should we do before the magi explore the third possible location, I believe Rudaria?
If we are going to settle the covenant in Waldstein, it appears that there is little to start with, although we have not fully explored the site yet. I am not sure I want to spend time role-playing covenant building from the ground up, especially in a PbP.
That said, here are my initial thoughts about the Waldstein site, based on the Boons and Hooks chapter of Covenants:
It seems we have the Minor Site Hook: Weak Aura, unless there is an area we still need to explore where the magical aura increases.
I think we might also have the Minor Site Boon: Seclusion, given the access through the faerie forest.
Fortifications: apparently none
Resources: nothing apparent
Residents: There may be some peasants still hiding in the woods, and they may fall into the Major Residents Hook: Rebellious Covenfolk
External Relations: We may have the Minor Boon: Prestige as a result of helping Horst and possibly for eliminating the remnants of the old Waldstein covenant. Alternatively, founding a covenant here may give us the Minor Hook: Infamous. I would suggest coming up with a new name!
Surroundings: The surrounding faerie forest may give us the Major Boon: Defensive Environment
I don't have a strong feeling about the charter at this point, and I think as a new member, Carolinus would likely defer to the other magi on much of the charter discussion.